Impinj, Inc. (PI)

From the record

Impinj, Inc.'s filings since 2017 show 4 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 2 times, the latest 2018-09-13); an auditor change (8-K item 4.01, the latest 2020-04-29); a late-report notice (Form NT 10-K or NT 10-Q, the latest 2018-08-10) (its current reports).

From the record

Impinj, Inc.'s 10 filed years say what it did: revenue went from $112 million in fiscal 2016 to $361 million in fiscal 2025, up 13.9% a year; it rose in 6 of 9 years; the deepest fall was 9% from fiscal 2019 to fiscal 2020; net income was positive in 1 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Impinj, Inc.'s diluted share count grew about 4.7% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 53 sales (3 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-11-05 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Impinj, Inc. lost about 5 cents for every dollar of shareholders' money, and gross profitability: its products earned about 35 cents per dollar of everything the company owns. Leverage: it owed about 62 cents per dollar of assets, and net share issuance: its share count shrank 0.6% over the year (the filed statements).

From the record

Impinj, Inc.'s standing among 12 graded names in its industry family: revenue of $361 million in fiscal 2025 ranks in the top 41% by size; a net margin of -3% ranks in the bottom 29%; revenue growth of 11.9% a year over the last 3 filed years ranks in the top 32% (its annual reports).

From the record

Impinj, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Diorio, Chris Ph.D. (CHIEF EXECUTIVE OFFICER, as filed), filing under that title since 2016-07-20, 10.3 years (top 17% of its family); the 8 officers and directors filing in the last fifteen months have been on the record a median of 5.8 years (top 50%); 4 officer or director changes were reported on Form 8-K since 2023-11-13, against the 8 people in charge now (top 50%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Impinj, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $48 million against debt of $184 million leaves -24.9% of its assets as net cash, bottom 13% of its family; cash from operations less capital spending is 12.7% of revenue (top 29%); a gross margin of 52.5% (top 25%); research spending of 28.4% of revenue (top 25%) (its annual report).

From the record

Impinj, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 11.9% a year over the last three filed years against 13.9% over all 10, slowing (bottom 41% of its family); the newest year grew -1.4% (bottom 38%); research spending grew 11.5% a year (top 23%); capital spending grew 2.1% a year (bottom 41%) (its annual reports). Impinj, Inc. reported 2 product lines in fiscal 2025: Endpoint I Cs at $300 million (83%), Systems at $61 million (17%); 1 of 2 grew against the year before (its annual report).

From the record

Impinj, Inc.'s newest year against its own record: revenue of $361 million in fiscal 2025 came in 17.2% below the $436 million its prior three years' pace pointed to (bottom 23% of its family); net income of $11 million against a prior three-year average of $9 million (bottom 38%); a net margin of -3% against -4.1% before (bottom 46%) (its annual reports).